|Address:||Kunsthaus Lempertz KG,Neumarkt 3|
|Telephone:||49 221 925729-0|
|Ask Auctioneer a Question|
|0 - 400,000||27.00%|
|400,000 - Above||23.00%|
Thank you for registering for our auction!
You are required to provide:
1. Deposit amount of RMB30,000; 保证金30,000元人民币；
2. Copy or images of ID card (front and back) or Passport
3. Images of Credit card (front and back).
Up to a hammer price of € 400,000 a premium of 24 % calculated on the hammer price plus 19 % value added tax (VAT) calculated on the premium only is levied. The premium will be reduced to 20 % (plus VAT) on any amount surpassing € 400,000 (margin scheme). On lots which are characterized by N, an additional 7 % for import tax will be charged. On lots which are characterized by an R, the buyer shall pay a premium of 24 % on the hammer price up to € 400,000 and 20 % on the surpassing amount; onto this (hammer price and premium) the statutory VAT of 19 % will be added (regular scheme). Exports to third (i.e. non-EU) countries will be exempt from VAT, and so will be exports made by companies from other EU member states if they state their VAT identification number. For original works of art, whose authors are either still alive or died after 31.12.1945, a charge of 1.8 % on the hammer price will be levied for the droit de suite. The maximum charge is € 12,500. If a buyer exports an object to a third country personally, the VAT will be refunded, as soon as Lempertz receives the export and import papers. All invoices issued on the day of auction or soon after remain under provision.